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please help due soon Blossom Construction Company had a contract starting April 2021, to construct a $40000000 building that is expected to be completed in

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Blossom Construction Company had a contract starting April 2021, to construct a $40000000 building that is expected to be completed in September 2022, at an estimated cost of $36700000. At the end of 2021, the costs to date were $16882000 and the estimated total costs to complete had not changed. The progress billings during 2021 were $8360000 and the cash collected during 2021 was $5580000, Blossom uses the percentage-of-completion method. For the year ended December 31, 2021, Blossom would recognize gross profit on the byilding of $1392765. $2780000. $1518000. $0

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